Amazon Unveils Its New Collection of AI Models to Compete with ChatGPT, Google and Microsoft

Amazon on Tuesday unveiled a suite of artificial intelligence models in its boldest move yet to compete with rival tech giants in the fast-growing generative artificial intelligence sector. The launch of its own line of core models marks Amazon’s latest attempt to strengthen its position over its predecessors Microsoft, GoogleMeta and OpenAI, creator of ChatGPT….

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A new Enron website has just popped up announcing that the disgraced company is back and hiring. Ex-employees who ‘lost everything’ think it’s a ‘sick joke’

An elaborate parody appears to be behind the effort to revive Enron, the Houston-based energy company that exemplified the worst of American corporate fraud and greed after it went bankrupt in 2001. If his return is comical, some former employees who lost everything in the Enron collapse are not laughing. “It’s a pretty sick joke…

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South Korean shares fall, won strengthens after promise of ‘unlimited’ liquidity

Yoon Suk Yeol promised that as South Korea’s president, he would “rebuild this great nation” into one “that truly belongs to the people” when he delivered his inaugural speech in May 2022. Instead, his presidency has been marked by growing unpopularity and political dysfunction, culminating Tuesday in his declaration of a national state of emergency…

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South Korea promises ‘unlimited’ liquidity measures after political turmoil; BOK for meeting By Reuters

Author: Cynthia Kim SEOUL (Reuters) – South Korea’s finance ministry said on Wednesday it was ready to deploy “unlimited” liquidity to financial markets if needed after President Yoon Suk Yeol lifted an overnight state of emergency that pushed the won to a multi-year low the lowest level. The announcement came after Finance Minister Choi Sang-mok…

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Joe Biden’s Selfish Parting Act

Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world It was shocking enough that Donald Trump chose one of his daughters’ father-in-law to be the US ambassador to France and another to be his envoy to the Middle East. The first, Charles…

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What makes the USA truly exceptional

Stay informed with free updates Simply log in to the US economy myFT summary — delivered straight to your inbox. It is the best among countries, it is the worst among countries, or at least among high-income countries. The USA stands out for its prosperity and brutality. I’ve felt this way about it since I…

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